Your number 1 partner when buying property abroad
Nicaragua is strategically located in the heart of the Americas: located at the centre of the Central American peninsula it forms a land bridge between North and South America. It is bordered on its eastern and western shores by the Atlantic and Pacific oceans, respectively; to the north lies Honduras, and to the south Costa Rica. It is the largest country in Central America, but is the least populated country with only 5.2 million inhabitants, who are mainly a mix of Spanish and Native Americans.
Nicaragua is a country of unspoilt natural landscapes: it offers virgin
beaches on the Atlantic Ocean along the Caribbean coast, an amazing volcanic
chain, the largest lake in Central America, cloud forests in its northern
region and magical colonial towns in the Pacific region of western Nicaragua.
The combination of a natural paradise and intriguing history make Nicaragua
a unique destination in the Americas.
As well as having 20% of the country protected as national parks or biological
reserves, Nicaragua contains 7% of the world’s biodiversity and a diverse
fauna with jaguars, pumas, turtles, monkeys, tropical birds, and crocodiles.
Nicaragua also offers abundant natural resources, a competitive and productive
labour force, and generous investment incentive laws. It is a very safe
country and boasts the lowest crime rate in Central America and among
the lowest in the Western Hemisphere and second only in the world to Canada.
TOP 10 REASONS TO INVEST IN NICARAGUA
Nicaragua is now considered a "Tourism Hotspot". Due to its dramatic tropical landscape, embracing culture, inexpensive investment opportunities, easy accessibility, and even ranks as Central America's safest city by INTERPOL ! Tourism has flourished, generating up to $190 million from visitors annually and increased the number of international travellers by 17% in 2006 to nearly 615,000, escalating the demand for rentals.
Contrary to belief, the Nicaraguan government is progressive and forward thinking and laws have been passed to improve the infrastructure of the country and implement incentive programs for investors. The government is democratically elected and has been stable for nearly two decades. The country is part of CAFTA and is an active participant in the world economy, attracting substantial investment from major financial institutions and corporations.
Nicaragua has become a beacon for real estate investment. The tropical seaside communities of Nicaragua have become the "Must Have" locations for foreign investors that know the value of ocean front property in an emerging property market. There are no buying restrictions for non-nationals and financing is available to foreign investors, with a selection of competitive mortgage options.
Strategic initiatives by the government have already begun to bear fruit: in 2006, Nicaragua registered a GDP growth rate of 3.7%. Other highly encouraging results include an 18% increase in direct foreign investment in 2006, and close to 50% increase in the number of tourists visiting the country in the last 5 years.
Government-run health clinics are located in most towns throughout Nicaragua. The country's newest and most modern hospital, Hospital Vivian Pellas, is a $23 million private institution staffed with some of the world’s very best qualified medical professionals.
Nicaragua has an amazing retiree incentive program, with many of the adventurous American baby boomers snapping up the new seaside communities whilst they are available. To be eligible, retirees only need to be over 45 years of age and have a monthly income of at least $400. Foreign retirees pay no taxes on any out-of-country earnings, can bring up to $10,000 of household goods for their own home, duty-free, can import one automobile for personal or general use duty and tariff-free, and sell it after five years, tax-free. They can import an additional vehicle every five years under the same duty exemptions.
The cost of living in Nicaragua is extremely affordable, a fraction of what it costs in Europe, the United States or Canada.There are so many activities, places of interest, and adventures to be had in Nicaragua with 28 volcanoes, mostly dormant and you can even swim in the warm waters of some of the craters. With 2 large lakes, hundreds of miles of Pacific coastline, and numerous crater lakes, Nicaragua is a fisherman’s dream, whilst the sailing fanatics have the most perfect environment in the world. Year round offshore winds with incoming Pacific swells give Nicaragua's beaches world-class surf breaks that are just now being discovered and there is fantastic diving and snorkelling in and around rock reefs inhabited by colourful, parrotfish, snappers, surgeonfish, dolphins, manta rays, bull sharks, and depending on the season, whales.
Nicaragua has perfect weather with over 300 days of sunshine and experiences only two seasons throughout the year, summer and winter. The weather in Nicaragua stays constant, averaging between 80 to 90° F in the summer and 75 to 80° F in the winter. The summer is considered the dry season with beautiful sunny days and clear, starry nights, whilst the winter is considered the wet season and you can usually expect sunny days to be interrupted with afternoon showers during this time.
Nicaragua has one of the most dramatic and diverse environments in the world. The country has the world's greatest concentration of inland lakes, one containing the world’s only freshwater shark, crater lakes including a dual volcano island that is the largest lake island in the world, 96 rivers and lavish rain forests which are home to exotic flora and wildlife such as toucans, monkeys, and iguana. A paradise waiting to be discovered.
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